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CREEKWOOD TOWNHOMESEXCLUSIVE MULTIFAMILY INVESTMENT OPPORTUNITY
Executive Summary
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OFFERING HIGHLIGHTS
15043 Woodstone Drive, Hammond, Louisiana 70401
OFFERING PRICE
CALL FOR OFFERS
VITAL DATA
Price Call for Offers
Offer Due Date September 27, 2019 by 6:00 PM CST
Number of Units 141
Gross Square Feet 125,104 SF
Year Built 1986
CREEKWOOD TOWNHOMESE X C L U S I V E M U L T I F A M I L Y I N V E S T M E N T O P P O R T U N I T Y
OFFERS DUE
SEPTEMBER 27, 20196:00 PM CST
► Fee Simple Interest in a 141-Unit Multifamily Asset in Hammond,
Louisiana
► Value-Add Opportunity through Rent Increases to Two-Bedroom
Units and Proactive Leasing Activities
► Additional Upside through Cosmetic Improvements to Unit
Interiors
► Advantageous Proximity to Southeastern Louisiana University
with a Student Enrollment of 15,403
EXCLUSIVE MULTIFAMILY
OPPORTUNITY
VALUE-ADD THROUGH LEASING AND RENOVATIONS
ADVANTAGEOUS LOCATION NEAR
DEMAND GENERATORS
INVESTMENT HIGHLIGHTS
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UNIT AMENITIES
► Washer/Dryer Hookups*
► Large Closets
► Furnished Rentals Available
► Water Included
► Trash Removal Included
COMMON AREA AMENITIES
► On-site Management
► Swimming Pool
► Volleyball Court
► Pest Control
► Free Fax and Copies
► US Postal Package Pick Up
► Park Nearby
► On-site Laundry Facilities
► Pet Friendly
► Ample Parking
*Washer/dryers included only in two-bedroom units.
Hammond is a city known for its historic downtown, vibrant
university and convenient transportation. With a population
of 20,480, Hammond is the largest city in Tangipahoa parish.
Hammond is home to multiple large industries due to the city’s
workforce, competitive labor costs, proximity to institutions
of higher education and multimodal transportation systems.
Organizations such as MCC Chemical and Keen Ovens capitalize
on the city’s workforce, while healthcare organizations such as
North Oaks Health system and Cypress Pointe Hospital find value
in the healthcare training programs offered by Southeastern
Louisiana University, Northshore Technical Community College
and Compass Career College. Interstate-10, Interstate-12,
Interstate-55, The Canadian National Railroad, Port Manchac
and Hammond Northshore Regional Airport create immense
opportunity for well-known companies such as Home Depot, Winn
Dixie, Sav-A-Lot, Dean Foods, Entergy, Cardinal Health and XPO.
HAMMOND, LOUISIANA
TANGIPAHOA PARISH TOP EMPLOYERS
Tangipahoa Parish School System 2,760 Education
North Oaks Medical Center 2,700 Medical
Southeastern Louisiana University 1,100 Education
Inner Parish Security Corp 1,100 Security
Wal-Mart Distribution Center 850 Distribution
CARE, Inc. 800 Medical
Sanderson Farms, Inc. 600 Food Processing
C&S Distribution 440 Distribution
Wal-Mart Stores (Hammond) 400 Retail
Tangipahoa Parish Government 360 Government
Sources: Tangipahoa Parish Economic Development
ATTRACTIVE WORKFORCE AND
LABOR COSTS
HOME TO MAJOR EMPLOYERS IN
DIVERSE INDUSTRIES
MULTIMODAL TRANSPORTATION
SYSTEM
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E X C L U S I V E LY L I S T E D
CREEKWOOD TOWNHOMES
PATRICK COSGROVEInvestment Specialist
National Multi Housing GroupNashville, TN
Cell 615.973.5373 Office 615.997.2853
[email protected] TN 341774
CHRIS SHAHEENInvestment Specialist
National Multi Housing GroupBaton Rouge, LA
Cell 225.954.0091 Office 225.376.6750
[email protected] LA BROK.0995692662-ACT
